AVIS BUDGET GROUP, INC. 4
4 · AVIS BUDGET GROUP, INC. · Filed Mar 10, 2008
Insider Transaction Report
Form 4
SCLAFANI KAREN C
EVP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2008-03-06+4,063→ 10,789 total - Tax Payment
Common Stock
2008-03-06$10.73/sh−1,477$15,848→ 9,312 total - Exercise/Conversion
Restricted Stock Units
2008-03-06−4,063→ 12,191 totalExercise: $0.00→ Common Stock (4,063 underlying)
Footnotes (4)
- [F1]Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis.
- [F2]Represents tax withholdings in connection with the vesting of 4,063 shares of restricted stock units on March 6, 2008.
- [F3]Original grant vests in four equal installments on March 6, 2008, 2009, 2010 and 2011.
- [F4]Expiration date not applicable.